Banking
Cheqly Launches SME-focused Digital Banking Using Mbanq’s BaaS Platform
Mbanq, the USA-based fintech innovator and global Banking-as-a-Service (BaaS) provider, has announced that Cheqly, a fintech that makes banking simple for startups, has launched utilizing Mbanqโs BaaS platform. With this partnership, Cheqly provides its customers with an improved banking...
Asset Management
La Banque Postale and Aegon extend their partnership in asset management
La Banque Postale and Aegon Asset Management (Aegon AM) are pleased to announce the extension of their asset management joint venture partnership in LBP AM through 2035. Aegon AM originally entered into the joint venture with La Banque Postale...
Banking
HSBC sets up its Global Private Banking business in India
HSBC has set-up its Global Private Banking (GPB) business in India, to serve high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals, entrepreneurs, and their families.
Through the new business unit, HSBC targets clients with investable assets of more than $2m.
The bank aims...
Banking
4 NextGen Core Banking platforms driving transformation in Europe
The banking industry has witnessed significant transformations in past years, driven by advancements in technology and changing consumer expectations. Next generation core banking solutions are designed to meet these changing demands and provide banks with the agility and flexibility...
Insurance
Qover partners with Monzo to bring seamless insurance experience
InsurTech Qover has entered a partnership with UK-based digital bank Monzo, to provide a simple, tailored travel insurance solution that can be accessed by Monzo Premium account holders in the UK through the Monzo app.
Premium users in the UK...
Banking
Indian Energy Transition Boosted With $1.5bn From World Bank
In a recent development, the World Bank board of executive directors has given the go-ahead to $1.5 billion in funding to speed up low-carbon energy development in India.
A statement rolled out by the World Bank said that the funding...
News
S&P Global Downgrades The GDP Growth Projection of China
S&P Global has revised its projection for China's economic growth this year, emphasizing the uneven recovery from the pandemic and prompting calls for additional stimulus. The new forecast from S&P estimates China's GDP growth to be 5.2% in 2023,...
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